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47 Frances ST, Thessalon, Ontario, P0R1L0

MLS: SM260976 | Business

$499,900

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Property Description

Step into the heart of small-town hospitality with this well-established family homestyle cooking restaurant, proudly operated by the same owners for the past 27 years. Known throughout the community for its welcoming atmosphere, homemade meals, and loyal customer base, this is the kind of place where everyone knows your name and visitors quickly feel like regulars. This thriving business offers exceptional income potential with a strong reputation built over decades of community support and repeat clientele. Situated on a large lot, the property also features a garage and ample space for expansion or future development. Whether you envision additional seating, a catering kitchen, retail space, rental units, or another income-generating venture, the possibilities are endless. The property presents exciting opportunities for passive income and long-term growth while continuing to operate a beloved local staple. Community driven and full of charm, this is more than just a restaurant - it’s a destination where families gather, stories are shared, and traditions continue. A rare opportunity to own a successful business with deep roots, endless potential, and a true hometown feel.

Quick Facts

  • Property Type: Business
  • Bedrooms: None
  • Bathrooms: None
  • Living Area: 1,400 sq ft (130.1 m²)
  • Frontage: 68 ft (20.7 m)

Costs

  • Annual Taxes: $2,580.00

Listing Provided by: Exit Realty True North
Board: Sault Ste. Marie Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Heating: Forced air, Natural gas
  • Basement: Crawl space
  • Utilities: Natural Gas, Electricity, Cable, Telephone

Exterior & Construction

  • Exterior: Vinyl, Siding
  • Construction: Poured concrete
  • Sewer: Municipal sewage system
  • Water: Municipal water

Lot & Land

  • Frontage: 68 ft (20.7 m)
  • Features: Corner Site

Community & Neighbourhood

  • Building: Street Lighting
  • Neighbourhood: Thessalon

Listing Information

MLS® NumberSM260976
BoardSault Ste. Marie
Originating SystemSault Ste. Marie Real Estate Board
BrokerageExit Realty True North
Date ListedMay 12, 2026
Last UpdatedMay 12, 2026

Listing History

MLS listing activity for 47 Frances ST, Thessalon, Ontario, P0R1L0 — dates reflect when changes were recorded in the DDF

DateDays on MarketPriceEventListing ID
5/12/20260$499,900Listed (For Sale)SM260976

Location & Neighborhood

📍47 Frances ST, Thessalon, Ontario, P0R1L0

🚗 Travel times

Neighborhood Walkability

Mortgage & Cost Calculators

Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes

Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes

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Cathy Dou
Cathy Dou
Broker of Record
[email protected]647-691-6364
Ask a Question

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47 Frances ST, Thessalon, Ontario, P0R1L0

ASAP
 
THU
14
May
FRI
15
May
SAT
16
May
SUN
17
May
MON
18
May
TUE
19
May
WED
20
May
MorningAfternoonEvening
Cathy Dou
Cathy Dou
Broker of Record
[email protected]647-691-6364
Ask a Question